I look forward to your analysis… (I did spell that right didn’t I?)
I rang my accountant yesterday. Even though he only has one IP (a unit in a retirement village) he has heaps of client’s that are, and he is very confident in getting me in the right structure.
But I also value the view points on this forum from those…[Read more]
The client’s I generally refer are not PI’s. Just people who haven’t bothered to organise finance yet.
And when I sign up a contract to build their home I don’t want the deal to fall over because they didn’t get their finance. It is not easy as it sounds to sign up a building contract. A lot of time, hard work and some argumentive people…[Read more]
Hey, not too many accountants would be writing a book on property investing in Australia. His book is VERY unique and valuable irrespective of where you think the market is at.
Maybe I would disagree on a couple of numbers like maintainance costs. Also he doesn’t factor things like building inspections & valuations…[Read more]
The first night I did some research online for +ve cashflow IP’s (just last week), I found about 10 that met Steve McKnight’s 11 second rule just in one of our large country towns here in SA.
Don’t know where the critics are looking…. hmmmmm
The only criticism I had with Steve’s book was that I thought his annual property maintenance budget…[Read more]